SEMI tells EU to quadruple semiconductor spending, says report

Industry organization SEMI has told the European Union that it should quadruple its spending on the semiconductor sector and allocate a separate budget for it.

By Peter Clarke, eeNews Europe | May 6, 2025

The advice comes in an official response to EU consultations on a ‘European Chips Act 2.0’ according to Reuters. The European Union is now conducting a consultation exercise ahead of a budget announcement in July on proposed spending between 2028 and 2034.

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